Skyfire, a payments platform founded by former Ripple developers, has successfully raised $9.5 million in a seed funding round, led by Coinbase Ventures and the a16z Crypto Startup Accelerator. The company is focused on building a payment infrastructure designed specifically for AI agents—autonomous software systems capable of making decisions and executing transactions independently, as outlined […]
Category Archives: Blockchain
Cat in a Dogs World (MEW), the cat-themed meme coin on the Solana blockchain, saw a significant surge on October 24, reaching a new all-time high. With the recent meme coin rally, MEW spiked to $0.01136, marking its highest price to date. The token experienced a 177% surge in 24-hour trading volume, hitting over $474 […]
Kraken, the cryptocurrency exchange whose founder, Jesse Powell, donated $1 million in crypto to Donald Trump, is preparing to launch its own blockchain network next year. The new project, called Ink, is designed to be a decentralized blockchain similar to Coinbase’s Ethereum layer-2 network, Base, according to Bloomberg. Scheduled for launch in early 2025, Kraken’s […]
Binance is set to launch the GOATUSDT perpetual contract, allowing traders to leverage up to 75x, capitalizing on the current meme coin craze. In an announcement on October 24, Binance revealed that the GOATUSDT perpetual contract would settle in USDT and feature a tick size of 0.0001, with a capped funding rate of +2.00%/-2.00%. The […]
The Near Protocol token continues to face a challenging bear market, having dropped nearly 50% from its peak earlier this year. On October 24, NEAR Protocol (which had a slight 1.65% change) was priced at $4.62, as Bitcoin (BTC) and many altcoins remained under downward pressure. Despite this, crypto analyst Michael van de Poppe, who […]
Ki Young Ju, the founder and CEO of CryptoQuant, has suggested that the rising difficulty in Bitcoin mining could be an indicator of the cryptocurrency’s potential to evolve into a stable digital currency. According to CryptoQuant’s live chart data, Bitcoin’s mining difficulty has been steadily increasing over the past three years. Specifically, Ki Young Ju […]
In 2024, more than a dozen cryptocurrency exchanges in South Korea have shut down or suspended operations, leaving nearly $13 million in assets locked up and unclaimed by about 34,000 users. The closures have come as part of South Korea’s enforcement of the Virtual Asset User Protection Act. According to data from the Financial Services […]
Popcat has surged to new heights, outperforming popular meme coins like Bonk and Floki, thanks to a significant rise in its futures open interest. The meme coin saw a 17.8% rise in the past day, reaching $1.66 at the time of writing. This marks an impressive 80.3% increase over the past 30 days, pushing Popcat’s […]
Pi Network is progressing toward its goal of full decentralization with the release of Pi Node Version 0.5.0, a significant update that enhances the network’s infrastructure. With over 200,000 active Nodes, Pi Network is positioning itself to unlock the full potential of its decentralized future. The Version 0.5.0 update prepares the network for its Mainnet […]
Bitcoin’s price surged past the $67,000 mark once again, driven by significant outflows from centralized exchanges and increased whale accumulation. Data from IntoTheBlock revealed that Bitcoin’s exchange net flows experienced two consecutive days of inflows on October 20 and 21, which led to a drop in price from the local peak of $69,400. These movements […]